Japan Airlines (JAL) has set some aggressive targets for the current decade to 2030 to become more profitable, competitive, and sustainable. It presented its medium-term management plan on May 7, which includes a projected EBIT of Yen 170 billion in…
SWISS International Air Lines is forced to make deeper cuts in its organization and fleet, it announced on May 6. It confirms that the state of Europe’s airlines is still far from stable. Drastic actions are unavoidable as the national…
The second quarter is almost halfway through but Air France-KLM already knows enough: as lockdowns and restrictions continue, Q2 is no better than Q1. The operating result will be almost identical to that of the first quarter. This wasn’t good,…
Today LATAM Airlines Group announced part of its sustainability strategy for the next three decades. Among the initiatives, it plans to have zero waste to landfill by 2027 and carbon neutral by 2050, the airline said. Additionally, the fleet renewal…
That really useful dataset known as Form 41 has been updated through year-end 2020. People like to criticize this source as full of holes and unreliable. Until the data shows something they like. Regardless of your view on this data…
Just how bad was 2020 for US airlines? In two words, beyond awful. Here’s the year-end data updated from US DoT. Select an airline to see each one’s performance. The five-year forecast has a 95% CI and a seasonality factor…